Citigroup Maintains Buy on Alkami Technology, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Schmidt maintains a Buy rating on Alkami Technology (NASDAQ:ALKT) and raises the price target from $19 to $20.
August 10, 2023 | 4:26 pm
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Citigroup maintains a Buy rating on Alkami Technology and raises the price target from $19 to $20.
The news of Citigroup maintaining a Buy rating and raising the price target for Alkami Technology is likely to have a positive impact on the company's stock in the short term. Investors often follow analyst recommendations, and a price target increase generally indicates an expectation of future stock price growth.
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